Fiserv's digital asset platform goes live with Bank of North Dakota's dollar-backed coin

Fiserv: Fiserv provides technology solutions and services to financial institutions, including banking and payments infrastructure. Its digital asset platform has launched with Bank of North Dakota's dollar-backed stablecoin as the initial implementation for interbank use. Solana: Solana is a blockchain network optimized for high throughput and low-cost transactions, supporting decentralized applications and tokenized assets. Bank of North Dakota's stablecoin leverages the Solana blockchain for its interbank settlement functionality among state institutions. Bank of North Dakota: Bank of North Dakota operates as the sole state-owned bank in the United States, serving financial institutions across North Dakota. It has developed a dollar-backed stablecoin that runs on Solana and is debuting on Fiserv's platform for transactions among participating banks and credit unions. Platform Expansion: Financial technology providers are incorporating blockchain capabilities into existing banking platforms to support digital asset use cases. Stablecoin Infrastructure: State-level financial entities are integrating blockchain networks to enable tokenized dollar settlements between banks.